Ethereum
Long

Ethereum SCALING in fragments

289
With Bitcoin ranging and taking a break a bit, Ethereum is slowly gaining pace. I think we will see Ethereum rise by about 100% by April to $3000-$3800 area.

I think then, we might see some significant pullback ($1800-$2300 area) before continuing upwards.

Reasons why I think this will happen:

Largest weekly close with breaking ATH.

Hard fork - moving from Proof of work to proof of stake, replacing miners with validators.

Massive outflow from exchanges to private wallets causing supply crunch.

Institutional interest in Ethereum and DeFi.

Prediction - ETHBTC ratio at least 0.1 in 2021.

Not a trading advice.

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